How many times you blow your account?

Jack Francisco

Member
85 1
i blow my account few times. at the point of starting forex i blew my account 2/5 times.
currently i just going for small profit and try to follow money mangment properly

how many time you blow your account??:clap:
 

duderex

Junior member
37 0
When I was a newbie, I blow thrice of my account. After that, I keep on learning the Forex until I can minimize the lost. From then, I will be able to get profit. I was treating Forex like a casino once. But I had learned my lesson now. :D
 

Warheadxx

Newbie
1 0
We gain experiences through our mistakes. We do lose at least once in our life which makes us sharper in our decision making skills.
If you are a good trader, you need not ever blow your account. Take losses, take profits but always come out with a greater reward to risk part.
 

trendie

Legendary member
6,204 996
several.
the most damaging was a Worldspreads account, where I blew around £12K.
(this was over 10 years ago)
over time, I took longer to blow accounts, then started to get better, and now mostly dont blow them, as long they are properly funded to begin with.

so, yes, around 6/7, but many years ago.
 

angelnish

Active member
145 1
Many times, can't count it. I prefer to trade and learn instead of counting my losses. I am sure to cover all previous losses when I become an expert.
 

BrightFX

Newbie
6 0
Thankfully, I've never blown by account. But it is very common. I think that if you blow your account you need to go straight back to a demo account.
 

Jack Francisco

Member
85 1
several.
the most damaging was a Worldspreads account, where I blew around £12K.
(this was over 10 years ago)
over time, I took longer to blow accounts, then started to get better, and now mostly dont blow them, as long they are properly funded to begin with.

so, yes, around 6/7, but many years ago.
12 K is a rarely a big amount.
i lost my account many times in Forex nearly $3K and i studied why i made these losses and see the mistakes that cause that then i try to treat these mistakes and make a new come back with new account and new deposit , because any trader make losses in his beginning(y)
 

dealer911

Well-known member
436 24
It depends on the account.. I blew my futures account up only once back in 2007 - properly blown up .. i even had to get a proper job!
My spread betting account has been blown up multiple times but I keep it running on empty mostly.. basically I keep taking the profits out daily and leave as small a balance as possible mainly because I know that I am going to blow it up at some point! - The only thing I learnt from blowing up my spread betting account is the fact that I am deffinatley at some point going to blow up my spread betting account!
 

malaguti

Senior member
2,369 459
Three times, never again. getting it all back and then some :clap:
 

Eagle_

Newbie
9 0
i blow my account few times. at the point of starting forex i blew my account 2/5 times.
currently i just going for small profit and try to follow money mangment properly

how many time you blow your account??:clap:
6 or 7 I think.. Started from micro account at Weltrade - at least you don't lose much.
 

gigiones

Junior member
19 0
I have blow my account many times when i was a newbie in Forex but after gaining some experience now I have stable my account.
 

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